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Topic: Rules of Taxes - page 4. (Read 482 times)

hero member
Activity: 2520
Merit: 952
February 24, 2023, 03:10:03 AM
#6
Farmers are free from tax obligation here in my country too. Imo, it's justified as most farmers especially in developed countries tend to be uneducated and tax paying can be hassle. However, there are always two sides and this code is being taken advantage of as it has become a conduit for tax evasion.

hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
February 24, 2023, 02:38:27 AM
#5
I mean this tax regulation seems uneven and it seems that people who have to pay taxes are people who deal with large amounts of money. Let's say a farmer in 1 harvest (3-4 month) earns $2000, he will remain tax free if not registered or he doesn't register it whereas an employee from the start is already registered with the taxpayer even though their monthly salary is $300. What do you think? I'm a little confused with this tax rule.
Maybe we have to look again at how the tax regulation is applied for several groups and the percentage they get for 1 year. So income tax will refer to annual profits, some get 5%, 15%, 25%, 30%, and 35%. for example,
in 1 year income reaches $0 - $4000, then the tax rate that you get is only 5%.

So, we only need to look at how much the profits of farmers and employees are for 1 year, even though each of them gets 5%, the amount to be paid will be different.
Farmers earn $2000/4 months x 3 (in 1 year only harvest 3x) = $6000
taxes paid = about $300/year
Meanwhile, employees earn $300/month x 12 = $3600
taxes paid = $180/year

Both are still included in the income tax range of $0 - $4000, so each is a 5% maintenance tax.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 24, 2023, 01:52:47 AM
#4
I don't know about taxes in other countries but in my country it also happens that people who have a large income but don't have a tax card do not need to report it and there is no tax to be paid, but even though they have income that is already in excess of what is not subject to tax there are many people who can act fraudulently by reporting only their minimum income so that they will still be tax-free, but because now many have been digitized, there are also many things that are difficult to hide when a citizen has assets that are considered luxurious in his name, then he is certain to be become the target of taxes, government employees, private office employees will easily become taxpayers because their income is provided through bank accounts and companies are also required to report on their employees.
hero member
Activity: 728
Merit: 612
February 24, 2023, 01:49:47 AM
#3
1. vehicle tax
Obliged to pay once a year, but there are also those who do not pay and the authorities also do not come to the taxpayer's house and in the end it is left abandoned
Impossible, when someone want to bought a vehicle he need to give his identity and it will recorded if he has a vehicle. So after a year, the tax employee can just contact him through his phone number or come into his house.

No. If they do not report their taxes, they are breaking the law. If it were as you say, no self-employed person would declare them.

You don't have to swear. Maybe you should tell us where you live to see if we can clarify.
No,  they're not entirely breaking the law if they didn't self reporting their jobs and earning to the tax department, except they're have an intention to escape from tax and create fake story. A self employed person is submitting his identity on the freelance website, so the site already collected all of his identity and how much he make for every day/month/year. I believe the site is working together with the government.

If the bank account of those self employed person receive the money which exceed from the minimum income should be taxed, of course the bank will ask him where he get the money and he should report it to the tax department.

@OP is from Indonesia based on his old post https://bitcointalksearch.org/topic/m.19176208
member
Activity: 182
Merit: 66
Don Pedro Dinero alt account
February 24, 2023, 12:50:22 AM
#2
What you say is a bit confusing.

3. Income tax
This will be my concern this time, whether all countries treat the same rules or not, I want to hear from all of you.
Income tax in my country in general will be very effective for employees of government agencies, offices and entrepreneurs. Let's say this, everyone earns whether it's from farming, freelancing, or any kind of work that isn't recorded at the tax office, if they don't report it to the tax authorities then they are exempt from tax.

No. If they do not report their taxes, they are breaking the law. If it were as you say, no self-employed person would declare them.

However, there is a provision that if someone has ever borrowed a large amount of money from a bank, even though the borrower was not notified by the taxpayer at first, in the end he was exposed to the taxpayer's accumulation of taxes over the years and he didn't know.

Make this clearer because it doesn't make sense.

I'm a little confused with this tax rule.

You don't have to swear. Maybe you should tell us where you live to see if we can clarify.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
February 24, 2023, 12:08:16 AM
#1
We all know that all citizens in all corners of the world must be taxpayers. Let me say about taxes in my country:
1. vehicle tax
Obliged to pay once a year, but there are also those who do not pay and the authorities also do not come to the taxpayer's house and in the end it is left abandoned
2. Land tax
Once a year the authorities will come to the taxpayer's house to collect taxes
3. Income tax
This will be my concern this time, whether all countries treat the same rules or not, I want to hear from all of you.
Income tax in my country in general will be very effective for employees of government agencies, offices and entrepreneurs. Let's say this, everyone earns whether it's from farming, freelancing, or any kind of work that isn't recorded at the tax office, if they don't report it to the tax authorities then they are exempt from tax. However, there is a provision that if someone has ever borrowed a large amount of money from a bank, even though the borrower was not notified by the taxpayer at first, in the end he was exposed to the taxpayer's accumulation of taxes over the years and he didn't know.

I mean this tax regulation seems uneven and it seems that people who have to pay taxes are people who deal with large amounts of money. Let's say a farmer in 1 harvest (3-4 month) earns $2000, he will remain tax free if not registered or he doesn't register it whereas an employee from the start is already registered with the taxpayer even though their monthly salary is $300. What do you think? I'm a little confused with this tax rule.
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